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Audit reveals findings

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  • warning: Parameter 2 to ad_flash_adapi() expected to be a reference, value given in /var/www/vhosts/rustonleader.com/httpdocs/includes/module.inc on line 497.
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  • warning: Parameter 2 to ad_flash_adapi() expected to be a reference, value given in /var/www/vhosts/rustonleader.com/httpdocs/includes/module.inc on line 497.
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Grambling Alumni Association not in compliance

Lack of proper accounting for funds from the Lifetime Membership Account and a donation that was never deposited were among the four findings reported for the Grambling University National Alumni Association’s 2013 fiscal year audit, made public Monday by Legislative Auditor Daryl Purpera.

CPA Rosie D. Harper’s report also said the association had no documentation to classify deposits totaling $21,586. Association management agreed with the auditor’s recommendation to create procedures to correct this condition.

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